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Scientific Article details

Title An institutional perspective on the shifts in banking and capitalist ideology: sustainability, social and environmental insights
ID_Doc 34201
Authors Saeudy, M; Hussainey, K
Title An institutional perspective on the shifts in banking and capitalist ideology: sustainability, social and environmental insights
Year 2024
Published International Journal Of Bank Marketing, 42, 4
DOI 10.1108/IJBM-02-2023-0125
Abstract PurposeThis paper investigates the development of moralised business ideologies (MBIs) amongst sustainable banks as they navigate social and environmental business prospects.Design/methodology/approachEmpirical evidence is drawn from top-management-level interviews with 16 UK-based small and medium-sized banks that specialise in financing social and environmental projects.FindingsMBIs have emerged in the literature review and empirical data analysis as a new concept taken on by sustainable banks with roots closer to sustainability such as ethical practices, moralised values, sustainable business models and ecological standards. The results confirm that MBIs help banking institutions create a more sustained positive impact in terms of social and environmental business opportunities.Originality/valueThis paper offers novel evidence on the intersection between banking and MBIs, with a focus on social, sustainability and environmental considerations.
Author Keywords Moralised business ideologies; Sustainable banking; Sustainability initiatives; Institutional theory; Business ethics; Social and environmental sustainability
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:001175313000001
WoS Category Business
Research Area Business & Economics
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